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1884 John D. Rockefeller Signed Standard Oil Check For $130,000.00
Oil Tycoon John D. Rockefeller Sr. has boldly signed this September 29, 1884 check made out for the incredibly large sum of $130,000.00. The check is made payable to Charles L. Colby (who has endorsed the verso of the check) from the account of the Standard Oil Company of N.Y. first founded by Rockefeller in 1870. While Rockefeller and Colby were reported to be friends having their sons attending Brown University together, Colby's family held significant railroad interests. This check may signify the close relationship that Rockefeller was said to have with railroads and the accusations at this time that he colluded with them to gain a monopoly in the oil industry. Indeed, by the early 1880’s Standard Oil controlled 90 percent of U.S. refineries and pipelines. Rockefeller retired from the day-to-day operations of Standard Oil in the mid 1890’s. Inspired by fellow tycoon Andrew Carnegie who amassed his fortune from the steel industry, Rockefeller became a philanthropist eventually donating more than half a billion dollars to various educational, religious and scientific causes (representing more than $110 billion in today’s dollars). By 1911 the Supreme Court found Standard Oil in violation of anti-trust laws and ordered it to dissolve. Representing the only known signed check to ever be offered publicly for sale, this is a unique opportunity to acquire this rarest of artifacts signed by John D. Rockefeller pertaining to the most pertinent financial dealings of this titan at the time his oil empire reached its peak. This document is truly worthy of display as part of the finest known institutional or museum collections. Comes with a certificate that unconditionally guarantees the authenticity of this item.
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